The international telecommunications company Motorola once had its headquarters in Schaumburg, a suburb of Chicago, Illinois.
But as times and fortunes change, Motorola found itself drawn back to the heart of Chicago and this site ended up becoming abandoned.
A decision was made to demolish the campus in 2017 in order to build a multifunctional complex on this site in the future which would include residential and office premises, restaurants, and entertainment venues.
UrbanStreet Group and Antunovich Associates set up a joint venture called Veridian which would transform this abandoned site into a thriving urban centre. It is anticipated that the first stage of this project will be completed in the fall of 2020.
Interestingly, although Motorola moved its headquarters to Chicago, it will still be one of the anchor tenants in the new complex, housed in the two original buildings that were not demolished. It will spend $83 million in renovating those properties and will retain 1,600 jobs onsite.